-
USD/JPY Daily Market Outlook by AceTrader
INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY USD/JPY : 80.92 Last Update At 23 Mar 2011 23:14 GMT Dlr's 'sideways' trading in last several days is expected to continue in Asia n y'day's rebound fm 80.70 suggests mild upside bias is seen for margi- nal gain to 81.10, however, reckon nr term strg res at 81.29/32 shud hold n yield subsequent retreat. Buy on dips for 81.10 or sell if price climbs to 81.20 1st for another pullback to 80.85. Range Forecast 80.75 / 81.05 Resistance/Support R: 81.08 / 81.32 / 81.75 S: 80.70 / 80.52 / 80.21